• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

WYZth Secures $950,000 for Web3 Development

user avatar

by Giorgi Kostiuk

a year ago

WYZth platform announced securing $950,000 from Victus Capital to develop its blockchain ecosystem. The funds will be used to improve infrastructure and support Web3 growth.

New Funding and Its Purpose

WYZth secured $950,000 through over-the-counter funding from Victus Capital. These funds will be utilized to expand the WYZth blockchain, enhance developer tools, and grow the team to accelerate Web3 adoption.

Growth of WYZth Ecosystem

The blockchain industry is rapidly evolving, and WYZth's focus on creating a developer-friendly environment positions it as a key player in the Web3 space. It has achieved over 80 million transactions and 65.6 million wallet addresses, showcasing the trust and growth of its ecosystem. Additionally, integration with Rabby Wallet facilitates easier access to the gasless blockchain ecosystem.

The funding comes at a time when interoperability and scalability are the most talked about topics in the crypto space. WYZth aims to lower barriers for developers and businesses entering the Web3 ecosystem.

Backing by Victus Capital

Victus Capital, known for supporting high-growth ventures, highlights its trust in the blockchain space despite challenges in other industries. Founded in 2021, WYZth aims to simplify blockchain adoption for the next generation of decentralized applications.

Victus Capital's investment underscores WYZth's significance in supporting Web3 and innovations in decentralized technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Memecoin Trading Drives Unprecedented Growth in DEX Market Share

chest

Memecoin trading has led to a record 37.4% market share for decentralized exchanges (DEXs) in June, indicating a shift in investor preferences towards these platforms.

user avatarJacob Williams

PancakeSwap's Role in DEX Growth Amid Memecoin Trading Boom

chest

PancakeSwap's integration with Binance Alpha significantly boosted trading volume, showcasing the impact of strategic partnerships on DEX adoption.

user avatarAndrew Smith

Glassnode Reports Sharp Decline in Bitcoin Liquidity Amid Market Downturn

chest

Onchain analytics firm Glassnode reports a significant decrease in longterm Bitcoin liquidity following a market downturn, indicating potential for a deeper bear market.

user avatarZainab Kamara

Solana Dominates with 40% DEX Trading Share

chest

Solana emerged as a major player in the DEX market, capturing nearly 40% of trading volume driven by memecoin activity.

user avatarSon Min-ho

Memecoin Volatility Shakes Financial Markets

chest

The surge in memecoin trading resulted in dramatic price fluctuations and a $5 billion drop in market capitalization.

user avatarAyman Ben Youssef

DEX Trading Volumes Reach New Heights Amid Memecoin Speculation

chest

Crypto decentralized exchange (DEX) trading volumes have surged to unprecedented levels, surpassing those of centralized exchanges (CEX) due to a memecoin speculation frenzy.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.